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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM (FOR) OPERATING ACTIVITIES:      
Net income $ 858 $ 874 $ 960
Depreciation and amortization 148 150 149
Deferred income taxes 64 28 (32)
Employee withholding taxes paid on stock-based compensation 10 35 29
Loss on disposition of business, net 0 80 0
(Gain) loss on disposition of property and equipment (5) 3 6
Pension and other post-retirement benefits (8) (7) (6)
Impairment charges for other intangible assets 5 0 15
Stock-based compensation 30 39 31
Decrease (increase) in receivables 19 (39) 42
(Increase) decrease in inventories (81) 4 233
Decrease in accounts payable and accrued liabilities, net (14) (95) (34)
Other, net (4) 3 21
Net cash from operating activities 1,022 1,075 1,413
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES:      
Purchase of Company common stock (571) (751) (353)
Excise tax paid on the purchase of Company common stock (6) (3) 0
Cash dividends paid (261) (254) (257)
Purchase of redeemable noncontrolling interest 0 (15) 0
Dividends paid to noncontrolling interest (45) (37) (49)
Proceeds from short-term borrowings 0 0 77
Payment of short-term borrowings 0 0 (77)
Payment of term loan 0 0 (200)
Proceeds from the exercise of stock options 6 79 38
Employee withholding taxes paid on stock-based compensation (10) (35) (29)
Payment of debt (2) (3) (5)
Net cash for financing activities (888) (1,017) (854)
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES:      
Capital expenditures (156) (168) (243)
Acquisition of businesses, net of cash acquired 0 (4) (136)
Proceeds from disposition of:      
Business, net of cash disposed 0 126 0
Property and equipment 14 1 3
Other, net (3) (5) (7)
Net cash for investing activities (144) (50) (383)
Effect of exchange rate changes on cash and cash investments 25 (9) 6
CASH AND CASH INVESTMENTS:      
Increase (decrease) for the year 14 (1) 182
At January 1 634 634 452
At December 31 $ 647 $ 634 $ 634